Mitsui O.S.K. Lines, Ltd. announced today that through a joint venture ship-owning company with Itochu Corporation charter agreements have been signed with E.ON Global Commodities SE, a wholly owned subsidiary of E.ON SE. The joint venture…
Harvey Gulf International Marine LLC made maritime history in North America last week by being not only the first owner/operator of a dual fuel offshore support vessel to bunker LNG as a marine fuel but to also successfully complete the first…
New leadership for BOEM’s Office of Renewable Energy Programs The Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced James (Jim) F. Bennett as BOEM’s new Chief for the Office of Renewable Energy Programs (OREP)…
When Ian Sandlin was laid off last week after 13 months working on oil rigs in southeast Texas, he was surprised to have lasted that long. 'I knew it was coming,' he said. 'I wasn't the first to be let go.' The 27-year-old Houston native…
'This is the really crappy part of the job, and this is what I hate about this industry frankly,' the chief executive of oilfield services company Baker Hughes complained as he announced it would lay off 7,000 employees.Baker Hughes is cutting…
Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of USD 2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA). EMGS' multi-client data library in Norway now covers 44…
Rolls-Royce announced today that James Guyette, President and Chief Executive Officer of Rolls-Royce North America, has decided to retire after 17 years with the company. He is currently an Executive Director on the Board of Rolls-Royce plc and Chairman of Rolls-Royce North America Holdings Inc…
Hafnia Tankers Ltd have entered into an agreement to acquire 4 LR1 product tankers.This acquisition confirms the commitment of Hafnia Tankers and its stakeholders to further expand the business within the product tanker segment.The vessels are: Kihada – to be renamed Hafnia Africa…
The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licences of Hong Fatt Oil Trading Pte Ltd and Tankoil Marine Services Pte Ltd with effect from 9 February 2015.The two companies…
The ExxonMobil Foundation today identified the 30 Dallas County nonprofit agencies that will receive grants through the 2015 ExxonMobil Community Summer Jobs Program, now in its 25th year in Dallas. The eight-week summer program provides…
The American Association of Port Authorities (AAPA) is sponsoring a its first ever seminar on new and emerging energy technologies for port and maritime industry professionals in Pensacola. Hosted by the Port of Pensacola, The Maritime Economic…
Jay Daga has been named Chief Financial Officer of Topaz Energy and Marine, an international offshore support vessel owner with operations in the Middle East, Caspian and West Africa. Daga will take his position with immediate effect, having…
The cleanup and response operations continue for oil released at the Shell Wharf in Martinez, Wednesday.Assessments conducted throughout Wednesday continue to show no impact to the shoreline or wildlife, and no impact to the Martinez Marina or nearby marsh…
On Friday 6 February 2015, Wuchang Shipbuilding Industry Co., Ltd., China, held a steel cutting ceremony for the first of four platform supply vessels of ULSTEIN’s PX121 design being built for Otto Offshore Limited. The shipbuilding contracts at Wuchang were announced in August 2014…
Five new Arc 7 design ice-class LNG carriers being built at the Daewoo Shipbuilding and Marine Engineering (DSME) yard in South Korea will be powered by a total of 30 Wärtsilä 50DF dual-fuel engines. The vessels will operate in arctic conditions to serve the Yamal LNG project in Northern Russia…